Treatment of Whistleblowers in Minimizing Cartel Damage
نویسنده
چکیده
منابع مشابه
Optimal Cartel Pricing in the Presence of an Antitrust Authority∗ by Joseph
The dynamic behavior of a price-fixing cartel is explored when it is concerned about creating suspicions that a cartel has formed. Consistent with preceding static theories, the cartel’s steady-state price is decreasing in the damage multiple and the probability of detection. However, contrary to those theories, it is independent of the level of fixed fines. It is also shown that the cartel pri...
متن کاملThe Effects of Cartel Damage Compensations
Damage compensation claims in case of cartels are supposed to increase deterrence, compensate losses and increase efficiency. I show that such claims can instead have adverse effects: If suppliers or buyers of cartelists are compensated in proportion to the profits lost due to the cartel, expected cartel profits can increase. Claims of downstream firms against upstream cartelists who do not mon...
متن کاملWhat Makes Whistleblowers So Threatening?; Comment on “Cultures of Silence and Cultures of Voice: The Role of Whistleblowing in Healthcare Organisations”
Whistleblowing is defined by the retaliation that those who speak out receive. Why some organizations find it almost impossible not to retaliate depends more on the properties of the organization than the act of the individual whistleblower. These properties are, to greater or lesser degree, present in all organizations. Not all organizations retaliate against whistleblowers, but the whistleblo...
متن کاملThe Cartel-Fringe Equilibrium with Sluggish Demand
The demand for some products, such as energy, does not instantaneously respond to price changes. In fact, sluggishness of the demand is an important characteristic of energy and oil markets. This study examines the effect of demand sluggishness on the price and output of a fossil fuel industry in which a cartel and a fringe firm supply in the market. The cartel has larger reserves and less cost...
متن کاملInvestigating Whether the Gas Exporting Countries Forum (GECF) Can be Considered a Cartel: Application of Autoregressive Distributed Lag Bound Test and the Toda-Yamamoto Causality Test
The natural gas market is currently undergoing dramatic changes and is becoming globalized. One of the major developments in the global natural gas market in recent years is the establishment of the Gas Exporting Countries Forum (GECF). Since the founding of this forum, there have been many speculations about whether GECF would become a cartel like OPEC. Cartels contributes to the coordination ...
متن کامل